NAR last year settled a class action lawsuit in which the complainants alleged that industry practices led to excessive fees.

Another new rule that is part of the proposed settlement would require MLS participants working with buyers to enter into written agreements with those clients. Additionally, NAR will pay $418 ...

(WSAV) — A proposed settlement could change the ... This just adds another cost onto a buyer,” Schuman said. As part of the settlement, the NAR admits to no wrongdoing. Those suits claim ...

NAR’s proposed settlement will resolve the Missouri and Illinois cases for all of those defendants — except for HomeServices of America, which is still litigating the Missouri judgement ...

Overall, buyer’s agents are earning an average of 2.37 percent in commission — essentially unchanged since the new National Association of Realtors (NAR) rules took effect in August, but down slightly ...

Real estate commissions are trending back up, post-NAR settlement. Real estate sales commissions appear to have reversed course. After falling in the aftermath of the class action lawsuits that rocked ...

Crye-Leike had $7 billion in sales volume in 2022, according to RealTrends, but the company claims the entity named in the Gibson suit did only $1.75 billion.

The broker-owner of one of New England’s largest realty firms says President Donald Trump needs to intervene to break a ...

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Later that month, the Department of Justice (DOJ) filed an amicus brief claiming that it had “significant concerns” about the proposed ... settlement are different than the terms of NAR ...

The early declines in buyer commission rates suggested that the NAR Settlement might push these rates downward, aligning with predictions from industry analysts and legal professionals.